Bitcoin hitting $300,000 by 2021
According to Bobby Lee, who is the co-founder and former CEO of BTCC, said in an interview that bitcoin operates in four year bull cycles. There were big jumps in the price of bitcoin in 2013 and 2017. If the pattern holds true, then you could see a big jump in the price of bitcoin by the end of 2021.
Lee said, "I don't know if history will repeat itself but what we do know is that bitcoin bull market cycles come every four years and this is a big one."
Will history repeat itself or could we see a different pattern happening?